Suraiya's Group

Suraiya is a resident of Lahore, which is Pakistan’s second largest city and the capital of Punjab province.

She is thirty-seven years old and lives in a small house with her family. She is the mother of a son and a daughter. Both are illiterate and her son has a fruit-selling business.

Suraiya supports her family by making and selling artificial flowers. She is very skillful in her art and earns a good income every month. Her husband sells seasonal fruits and works in the fruit market.

Suraiya’s husband wants to increase his income by improving his fruit selling business for which he needs investment. Therefore, Suraiya has applied for a loan from Asasah to invest in her husband’s fruit selling business. She is confident that her husband will make positive use of the loan money and will be able to increase his income.

Suraiya’s daughter is getting older and she wants to marry her within a year. She hopes that increased profits will help her do so.

Suraiya is in her 4th loan cycle and is a responsible loan user of Asasah. In her previous years of loan experience, she has maintained good credit behavior and never missed any meetings.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.